
Near Field Communication Nfc Market
Near Field Communication (NFC) Market Forecasts to 2030 - Global Analysis by Product (Auxiliary, Non-auxiliary and NFC Software), Operating mode (Card emulation, Reader emulation and Peer-to-peer mode), Application, End User and By Geography

According to Stratistics MRC, the Global Near Field Communication (NFC) Market is accounted for $21.6 billion in 2024 and is expected to reach $36.4 billion by 2030 growing at a CAGR of 9.1% during the forecast period. Near Field Communication (NFC) is a short-range wireless communication technology that enables data exchange between two devices when they are in close proximity, typically within a range of 4 centimeters. NFC operates at a frequency of 13.56 MHz and supports communication in three modes: peer-to-peer, reader/writer, and card emulation. It is widely used in applications such as contactless payments, access control, data sharing, and ticketing. NFC technology is integrated into smartphones, smart cards, and other devices, offering secure, fast, and convenient interactions. Its low power consumption, ease of use, and compatibility with existing infrastructure make it a key enabler for the Internet of Things (IoT) and smart ecosystems.
Market Dynamics:
Driver:
Growing Adoption of Contactless Payments
The growing adoption of contactless payments significantly drives the near field communication (NFC) market by increasing demand for secure, fast, and seamless transaction solutions. As consumers and businesses shift towards cashless economies, NFC-enabled devices like smartphones and cards are becoming integral to retail, banking, and e-commerce. The COVID-19 pandemic further accelerated this trend, highlighting the need for hygienic payment methods. Additionally, the integration of NFC with mobile wallets and point-of-sale systems enhances consumer convenience, boosting market growth globally.
Restraint:
High Implementation Costs
High implementation costs in the NFC industry impede adoption, especially among small and medium-sized firms. One major obstacle may be the cost of implementing NFC infrastructure, which includes readers, tags, and system integration. The cost is further increased by the constant upkeep and security improvements. These expenses would discourage companies from spending money on NFC technology, which would hinder its broad use and limit market expansion, particularly in areas where consumers are price-sensitive.
Opportunity:
Increasing Demand for IoT Applications
The increasing demand for IoT applications significantly drives the NFC market by enabling seamless device communication in smart ecosystems. NFC technology supports efficient, low-power data transfer, making it ideal for IoT use cases in smart homes, healthcare, and automotive sectors. It facilitates real-time interactions between connected devices, enhancing automation and user convenience. The integration of NFC in IoT devices improves functionality, such as secure data sharing, authentication, and device pairing, fueling its adoption and propelling market growth.
Threat:
Compatibility Issues
Compatibility issues in the NFC market hinder growth by limiting seamless integration across devices and systems. Variations in NFC standards, operating systems, and hardware support create interoperability challenges, reducing the technology's accessibility. This discourages businesses and consumers from adopting NFC solutions, especially in regions with diverse device ecosystems. Additionally, the lack of uniform compatibility increases development costs and delays implementation, further restraining the market's expansion.
Covid-19 Impact:
The COVID-19 pandemic positively impacted the Near Field Communication (NFC) market as demand for contactless solutions surged due to health and safety concerns. NFC technology enabled touchless payment methods, reducing physical contact in retail, transport, and healthcare sectors. However, supply chain disruptions and delayed deployments hindered market growth in the short term. Post-pandemic, the increased adoption of digital payments and contactless services is expected to fuel long-term growth in the NFC market.
The card emulation segment is expected to be the largest during the forecast period
The card emulation segment is expected to account for the largest market share during the forecast period, because this functionality allows smartphones and other devices to act as virtual debit or credit cards, reducing the need for physical cards. Its integration with digital wallets like Apple Pay, Google Pay, and Samsung Pay has gained significant traction in retail and banking sectors. The rising demand for contactless payments, enhanced security features, and user convenience further boosts adoption, making card emulation a critical driver of NFC market expansion.
The auxiliary segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the auxiliary segment is predicted to witness the highest growth rate because it makes NFC more useful by facilitating smooth integration with IoT devices, enhancing device interoperability, and broadening the scope of applications including data exchange, asset monitoring, and smart payments. NFC tags, readers, and middleware are examples of auxiliary components that help create novel NFC-enabled ecosystems and promote industry adoption. Their significance in improving functionality drives the growth of the NFC industry as a whole.
Region with largest share:
During the forecast period, the North America region is expected to hold the largest market share due to rapid adoption of contactless payment solutions, supported by a well-established financial infrastructure. The region's strong focus on digital transformation in retail, healthcare, and transportation enhances NFC adoption. Additionally, rising demand for IoT-enabled devices and NFC-based applications, such as smart access control and personalized marketing, boosts growth. Government initiatives promoting cashless transactions further contribute to the expanding NFC market in North America.
Region with highest CAGR:
Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR owing to growing adoption of digital payment solutions. Countries like China, India, and Japan are witnessing a surge in contactless payment technologies, driven by government initiatives promoting cashless economies. The expansion of IoT applications in smart cities, healthcare, and retail further boosts demand. Additionally, the region's robust electronics manufacturing sector supports the production of NFC-enabled devices, while rising consumer awareness and demand for convenience contribute to market growth.
Key players in the market
Some of the key players in Near Field Communication (NFC) market include AMS AG, AT & T Inc., Barclays, Broadcom, Broadcom Corp, Gemalto NV, Google Inc., Identive Group Inc., Infineon Technologies AG., Marvell Technology Group Ltd., MediaTek Inc., Mstar Semiconductor Inc., Nokia Corporation, NXP Semiconductors, Qualcomm Inc., Renesas, Sony Corporation, STMicroelectronics, Tagtul and Texas Instruments Inc.
Key Developments:
In October 2024, Sony announced the launch of its latest addition to the innovative LinkBuds series, the WF-L910 (LinkBuds Open) wireless earbuds. These earbuds bring together cutting-edge technology and ergonomic design to offer an immersive yet natural audio experience.
In September 2024, Sony announced the MDR-M1 Reference Closed Monitor Headphones, designed for music creators, audiophiles, and sound engineers to produce music in any environment, heard as they intended.
In September 2024, Cellares and Sony Corporation announced a collaboration to jointly develop and integrate advanced flow cytometry-based cell analysis and sorting solutions into the Cellares Cell Shuttle, an automated cell therapy manufacturing platform.
Products Covered:
• Auxiliary
• Non-auxiliary
• NFC Software
Operating modes Covered:
• Card emulation
• Reader emulation
• Peer-to-peer mode
Applications Covered:
• Smart Card
• Tracking
• Payments
• Other Applications
End Users Covered:
• Automotive
• Transportation
• Retail
• Medical & Healthcare
• Banking & Finance
• Agriculture
• Aerospace & Defense
• Consumer electronics
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Application Analysis
3.8 End User Analysis
3.9 Emerging Markets
3.10 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Near Field Communication (NFC) Market, By Product
5.1 Introduction
5.2 Auxiliary
5.3 Non-auxiliary
5.4 NFC Software
6 Global Near Field Communication (NFC) Market, By Operating mode
6.1 Introduction
6.2 Card emulation
6.3 Reader emulation
6.4 Peer-to-peer mode
7 Global Near Field Communication (NFC) Market, By Application
7.1 Introduction
7.2 Smart Card
7.3 Tracking
7.4 Payments
7.5 Other Applications
8 Global Near Field Communication (NFC) Market, By End User
8.1 Introduction
8.2 Automotive
8.3 Transportation
8.4 Retail
8.5 Medical & Healthcare
8.6 Banking & Finance
8.7 Agriculture
8.8 Aerospace & Defense
8.9 Consumer electronics
8.10 Other End Users
9 Global Near Field Communication (NFC) Market, By Geography
9.1 Introduction
9.2 North America
9.2.1 US
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 Germany
9.3.2 UK
9.3.3 Italy
9.3.4 France
9.3.5 Spain
9.3.6 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 China
9.4.3 India
9.4.4 Australia
9.4.5 New Zealand
9.4.6 South Korea
9.4.7 Rest of Asia Pacific
9.5 South America
9.5.1 Argentina
9.5.2 Brazil
9.5.3 Chile
9.5.4 Rest of South America
9.6 Middle East & Africa
9.6.1 Saudi Arabia
9.6.2 UAE
9.6.3 Qatar
9.6.4 South Africa
9.6.5 Rest of Middle East & Africa
10 Key Developments
10.1 Agreements, Partnerships, Collaborations and Joint Ventures
10.2 Acquisitions & Mergers
10.3 New Product Launch
10.4 Expansions
10.5 Other Key Strategies
11 Company Profiling
11.1 AMS AG
11.2 AT & T Inc.
11.3 Barclays
11.4 Broadcom
11.5 Broadcom Corp
11.6 Gemalto NV
11.7 Google Inc.
11.8 Identive Group Inc.
11.9 Infineon Technologies AG.
11.10 Marvell Technology Group Ltd.
11.11 MediaTek Inc.
11.12 Mstar Semiconductor Inc.
11.13 Nokia Corporation
11.14 NXP Semiconductors
11.15 Qualcomm Inc.
11.16 Renesas
11.17 Sony Corporation
11.18 STMicroelectronics
11.19 Tagtul
11.20 Texas Instruments Inc.
List of Tables
1 Global Near Field Communication (NFC) Market Outlook, By Region (2022-2030) ($MN)
2 Global Near Field Communication (NFC) Market Outlook, By Product (2022-2030) ($MN)
3 Global Near Field Communication (NFC) Market Outlook, By Auxiliary (2022-2030) ($MN)
4 Global Near Field Communication (NFC) Market Outlook, By Non-auxiliary (2022-2030) ($MN)
5 Global Near Field Communication (NFC) Market Outlook, By NFC Software (2022-2030) ($MN)
6 Global Near Field Communication (NFC) Market Outlook, By Operating mode (2022-2030) ($MN)
7 Global Near Field Communication (NFC) Market Outlook, By Card emulation (2022-2030) ($MN)
8 Global Near Field Communication (NFC) Market Outlook, By Reader emulation (2022-2030) ($MN)
9 Global Near Field Communication (NFC) Market Outlook, By Peer-to-peer mode (2022-2030) ($MN)
10 Global Near Field Communication (NFC) Market Outlook, By Application (2022-2030) ($MN)
11 Global Near Field Communication (NFC) Market Outlook, By Smart Card (2022-2030) ($MN)
12 Global Near Field Communication (NFC) Market Outlook, By Tracking (2022-2030) ($MN)
13 Global Near Field Communication (NFC) Market Outlook, By Payments (2022-2030) ($MN)
14 Global Near Field Communication (NFC) Market Outlook, By Other Applications (2022-2030) ($MN)
15 Global Near Field Communication (NFC) Market Outlook, By End User (2022-2030) ($MN)
16 Global Near Field Communication (NFC) Market Outlook, By Automotive (2022-2030) ($MN)
17 Global Near Field Communication (NFC) Market Outlook, By Transportation (2022-2030) ($MN)
18 Global Near Field Communication (NFC) Market Outlook, By Retail (2022-2030) ($MN)
19 Global Near Field Communication (NFC) Market Outlook, By Medical & Healthcare (2022-2030) ($MN)
20 Global Near Field Communication (NFC) Market Outlook, By Banking & Finance (2022-2030) ($MN)
21 Global Near Field Communication (NFC) Market Outlook, By Agriculture (2022-2030) ($MN)
22 Global Near Field Communication (NFC) Market Outlook, By Aerospace & Defense (2022-2030) ($MN)
23 Global Near Field Communication (NFC) Market Outlook, By Consumer electronics (2022-2030) ($MN)
24 Global Near Field Communication (NFC) Market Outlook, By Other End Users (2022-2030) ($MN)
25 North America Near Field Communication (NFC) Market Outlook, By Country (2022-2030) ($MN)
26 North America Near Field Communication (NFC) Market Outlook, By Product (2022-2030) ($MN)
27 North America Near Field Communication (NFC) Market Outlook, By Auxiliary (2022-2030) ($MN)
28 North America Near Field Communication (NFC) Market Outlook, By Non-auxiliary (2022-2030) ($MN)
29 North America Near Field Communication (NFC) Market Outlook, By NFC Software (2022-2030) ($MN)
30 North America Near Field Communication (NFC) Market Outlook, By Operating mode (2022-2030) ($MN)
31 North America Near Field Communication (NFC) Market Outlook, By Card emulation (2022-2030) ($MN)
32 North America Near Field Communication (NFC) Market Outlook, By Reader emulation (2022-2030) ($MN)
33 North America Near Field Communication (NFC) Market Outlook, By Peer-to-peer mode (2022-2030) ($MN)
34 North America Near Field Communication (NFC) Market Outlook, By Application (2022-2030) ($MN)
35 North America Near Field Communication (NFC) Market Outlook, By Smart Card (2022-2030) ($MN)
36 North America Near Field Communication (NFC) Market Outlook, By Tracking (2022-2030) ($MN)
37 North America Near Field Communication (NFC) Market Outlook, By Payments (2022-2030) ($MN)
38 North America Near Field Communication (NFC) Market Outlook, By Other Applications (2022-2030) ($MN)
39 North America Near Field Communication (NFC) Market Outlook, By End User (2022-2030) ($MN)
40 North America Near Field Communication (NFC) Market Outlook, By Automotive (2022-2030) ($MN)
41 North America Near Field Communication (NFC) Market Outlook, By Transportation (2022-2030) ($MN)
42 North America Near Field Communication (NFC) Market Outlook, By Retail (2022-2030) ($MN)
43 North America Near Field Communication (NFC) Market Outlook, By Medical & Healthcare (2022-2030) ($MN)
44 North America Near Field Communication (NFC) Market Outlook, By Banking & Finance (2022-2030) ($MN)
45 North America Near Field Communication (NFC) Market Outlook, By Agriculture (2022-2030) ($MN)
46 North America Near Field Communication (NFC) Market Outlook, By Aerospace & Defense (2022-2030) ($MN)
47 North America Near Field Communication (NFC) Market Outlook, By Consumer electronics (2022-2030) ($MN)
48 North America Near Field Communication (NFC) Market Outlook, By Other End Users (2022-2030) ($MN)
49 Europe Near Field Communication (NFC) Market Outlook, By Country (2022-2030) ($MN)
50 Europe Near Field Communication (NFC) Market Outlook, By Product (2022-2030) ($MN)
51 Europe Near Field Communication (NFC) Market Outlook, By Auxiliary (2022-2030) ($MN)
52 Europe Near Field Communication (NFC) Market Outlook, By Non-auxiliary (2022-2030) ($MN)
53 Europe Near Field Communication (NFC) Market Outlook, By NFC Software (2022-2030) ($MN)
54 Europe Near Field Communication (NFC) Market Outlook, By Operating mode (2022-2030) ($MN)
55 Europe Near Field Communication (NFC) Market Outlook, By Card emulation (2022-2030) ($MN)
56 Europe Near Field Communication (NFC) Market Outlook, By Reader emulation (2022-2030) ($MN)
57 Europe Near Field Communication (NFC) Market Outlook, By Peer-to-peer mode (2022-2030) ($MN)
58 Europe Near Field Communication (NFC) Market Outlook, By Application (2022-2030) ($MN)
59 Europe Near Field Communication (NFC) Market Outlook, By Smart Card (2022-2030) ($MN)
60 Europe Near Field Communication (NFC) Market Outlook, By Tracking (2022-2030) ($MN)
61 Europe Near Field Communication (NFC) Market Outlook, By Payments (2022-2030) ($MN)
62 Europe Near Field Communication (NFC) Market Outlook, By Other Applications (2022-2030) ($MN)
63 Europe Near Field Communication (NFC) Market Outlook, By End User (2022-2030) ($MN)
64 Europe Near Field Communication (NFC) Market Outlook, By Automotive (2022-2030) ($MN)
65 Europe Near Field Communication (NFC) Market Outlook, By Transportation (2022-2030) ($MN)
66 Europe Near Field Communication (NFC) Market Outlook, By Retail (2022-2030) ($MN)
67 Europe Near Field Communication (NFC) Market Outlook, By Medical & Healthcare (2022-2030) ($MN)
68 Europe Near Field Communication (NFC) Market Outlook, By Banking & Finance (2022-2030) ($MN)
69 Europe Near Field Communication (NFC) Market Outlook, By Agriculture (2022-2030) ($MN)
70 Europe Near Field Communication (NFC) Market Outlook, By Aerospace & Defense (2022-2030) ($MN)
71 Europe Near Field Communication (NFC) Market Outlook, By Consumer electronics (2022-2030) ($MN)
72 Europe Near Field Communication (NFC) Market Outlook, By Other End Users (2022-2030) ($MN)
73 Asia Pacific Near Field Communication (NFC) Market Outlook, By Country (2022-2030) ($MN)
74 Asia Pacific Near Field Communication (NFC) Market Outlook, By Product (2022-2030) ($MN)
75 Asia Pacific Near Field Communication (NFC) Market Outlook, By Auxiliary (2022-2030) ($MN)
76 Asia Pacific Near Field Communication (NFC) Market Outlook, By Non-auxiliary (2022-2030) ($MN)
77 Asia Pacific Near Field Communication (NFC) Market Outlook, By NFC Software (2022-2030) ($MN)
78 Asia Pacific Near Field Communication (NFC) Market Outlook, By Operating mode (2022-2030) ($MN)
79 Asia Pacific Near Field Communication (NFC) Market Outlook, By Card emulation (2022-2030) ($MN)
80 Asia Pacific Near Field Communication (NFC) Market Outlook, By Reader emulation (2022-2030) ($MN)
81 Asia Pacific Near Field Communication (NFC) Market Outlook, By Peer-to-peer mode (2022-2030) ($MN)
82 Asia Pacific Near Field Communication (NFC) Market Outlook, By Application (2022-2030) ($MN)
83 Asia Pacific Near Field Communication (NFC) Market Outlook, By Smart Card (2022-2030) ($MN)
84 Asia Pacific Near Field Communication (NFC) Market Outlook, By Tracking (2022-2030) ($MN)
85 Asia Pacific Near Field Communication (NFC) Market Outlook, By Payments (2022-2030) ($MN)
86 Asia Pacific Near Field Communication (NFC) Market Outlook, By Other Applications (2022-2030) ($MN)
87 Asia Pacific Near Field Communication (NFC) Market Outlook, By End User (2022-2030) ($MN)
88 Asia Pacific Near Field Communication (NFC) Market Outlook, By Automotive (2022-2030) ($MN)
89 Asia Pacific Near Field Communication (NFC) Market Outlook, By Transportation (2022-2030) ($MN)
90 Asia Pacific Near Field Communication (NFC) Market Outlook, By Retail (2022-2030) ($MN)
91 Asia Pacific Near Field Communication (NFC) Market Outlook, By Medical & Healthcare (2022-2030) ($MN)
92 Asia Pacific Near Field Communication (NFC) Market Outlook, By Banking & Finance (2022-2030) ($MN)
93 Asia Pacific Near Field Communication (NFC) Market Outlook, By Agriculture (2022-2030) ($MN)
94 Asia Pacific Near Field Communication (NFC) Market Outlook, By Aerospace & Defense (2022-2030) ($MN)
95 Asia Pacific Near Field Communication (NFC) Market Outlook, By Consumer electronics (2022-2030) ($MN)
96 Asia Pacific Near Field Communication (NFC) Market Outlook, By Other End Users (2022-2030) ($MN)
97 South America Near Field Communication (NFC) Market Outlook, By Country (2022-2030) ($MN)
98 South America Near Field Communication (NFC) Market Outlook, By Product (2022-2030) ($MN)
99 South America Near Field Communication (NFC) Market Outlook, By Auxiliary (2022-2030) ($MN)
100 South America Near Field Communication (NFC) Market Outlook, By Non-auxiliary (2022-2030) ($MN)
101 South America Near Field Communication (NFC) Market Outlook, By NFC Software (2022-2030) ($MN)
102 South America Near Field Communication (NFC) Market Outlook, By Operating mode (2022-2030) ($MN)
103 South America Near Field Communication (NFC) Market Outlook, By Card emulation (2022-2030) ($MN)
104 South America Near Field Communication (NFC) Market Outlook, By Reader emulation (2022-2030) ($MN)
105 South America Near Field Communication (NFC) Market Outlook, By Peer-to-peer mode (2022-2030) ($MN)
106 South America Near Field Communication (NFC) Market Outlook, By Application (2022-2030) ($MN)
107 South America Near Field Communication (NFC) Market Outlook, By Smart Card (2022-2030) ($MN)
108 South America Near Field Communication (NFC) Market Outlook, By Tracking (2022-2030) ($MN)
109 South America Near Field Communication (NFC) Market Outlook, By Payments (2022-2030) ($MN)
110 South America Near Field Communication (NFC) Market Outlook, By Other Applications (2022-2030) ($MN)
111 South America Near Field Communication (NFC) Market Outlook, By End User (2022-2030) ($MN)
112 South America Near Field Communication (NFC) Market Outlook, By Automotive (2022-2030) ($MN)
113 South America Near Field Communication (NFC) Market Outlook, By Transportation (2022-2030) ($MN)
114 South America Near Field Communication (NFC) Market Outlook, By Retail (2022-2030) ($MN)
115 South America Near Field Communication (NFC) Market Outlook, By Medical & Healthcare (2022-2030) ($MN)
116 South America Near Field Communication (NFC) Market Outlook, By Banking & Finance (2022-2030) ($MN)
117 South America Near Field Communication (NFC) Market Outlook, By Agriculture (2022-2030) ($MN)
118 South America Near Field Communication (NFC) Market Outlook, By Aerospace & Defense (2022-2030) ($MN)
119 South America Near Field Communication (NFC) Market Outlook, By Consumer electronics (2022-2030) ($MN)
120 South America Near Field Communication (NFC) Market Outlook, By Other End Users (2022-2030) ($MN)
121 Middle East & Africa Near Field Communication (NFC) Market Outlook, By Country (2022-2030) ($MN)
122 Middle East & Africa Near Field Communication (NFC) Market Outlook, By Product (2022-2030) ($MN)
123 Middle East & Africa Near Field Communication (NFC) Market Outlook, By Auxiliary (2022-2030) ($MN)
124 Middle East & Africa Near Field Communication (NFC) Market Outlook, By Non-auxiliary (2022-2030) ($MN)
125 Middle East & Africa Near Field Communication (NFC) Market Outlook, By NFC Software (2022-2030) ($MN)
126 Middle East & Africa Near Field Communication (NFC) Market Outlook, By Operating mode (2022-2030) ($MN)
127 Middle East & Africa Near Field Communication (NFC) Market Outlook, By Card emulation (2022-2030) ($MN)
128 Middle East & Africa Near Field Communication (NFC) Market Outlook, By Reader emulation (2022-2030) ($MN)
129 Middle East & Africa Near Field Communication (NFC) Market Outlook, By Peer-to-peer mode (2022-2030) ($MN)
130 Middle East & Africa Near Field Communication (NFC) Market Outlook, By Application (2022-2030) ($MN)
131 Middle East & Africa Near Field Communication (NFC) Market Outlook, By Smart Card (2022-2030) ($MN)
132 Middle East & Africa Near Field Communication (NFC) Market Outlook, By Tracking (2022-2030) ($MN)
133 Middle East & Africa Near Field Communication (NFC) Market Outlook, By Payments (2022-2030) ($MN)
134 Middle East & Africa Near Field Communication (NFC) Market Outlook, By Other Applications (2022-2030) ($MN)
135 Middle East & Africa Near Field Communication (NFC) Market Outlook, By End User (2022-2030) ($MN)
136 Middle East & Africa Near Field Communication (NFC) Market Outlook, By Automotive (2022-2030) ($MN)
137 Middle East & Africa Near Field Communication (NFC) Market Outlook, By Transportation (2022-2030) ($MN)
138 Middle East & Africa Near Field Communication (NFC) Market Outlook, By Retail (2022-2030) ($MN)
139 Middle East & Africa Near Field Communication (NFC) Market Outlook, By Medical & Healthcare (2022-2030) ($MN)
140 Middle East & Africa Near Field Communication (NFC) Market Outlook, By Banking & Finance (2022-2030) ($MN)
141 Middle East & Africa Near Field Communication (NFC) Market Outlook, By Agriculture (2022-2030) ($MN)
142 Middle East & Africa Near Field Communication (NFC) Market Outlook, By Aerospace & Defense (2022-2030) ($MN)
143 Middle East & Africa Near Field Communication (NFC) Market Outlook, By Consumer electronics (2022-2030) ($MN)
144 Middle East & Africa Near Field Communication (NFC) Market Outlook, By Other End Users (2022-2030) ($MN)
List of Figures
RESEARCH METHODOLOGY

We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
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All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?

Assured Quality
Best in class reports with high standard of research integrity

24X7 Research Support
Continuous support to ensure the best customer experience.

Free Customization
Adding more values to your product of interest.

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Trusted by 600+ Brands
Serving the most reputed brands across the world.